Buy or Sell the Oil Rally?

Crude oil is rising to a fresh 14-month high for a fifth straight day. This after inventory data showed a bigger-than-expected decline in crude oil stockpiles. Geopolitical tensions also continue to weigh on the market, as Egyptian concerns have elevated the "risk premium" that is priced into oil.

Interestingly, the spread between U.S. crude oil and the Brent benchmark used internationally has narrowed. Brent now costs just $3 more than WTI crude per barrel, which is the lowest spread since December of 2010.

Discussing the Turkey risk to the markets, the moves in the U.S. dollar and the bitcoin bloodbath, with Wells Fargo Securities' Chris Harvey alongside CNBC's Jackie DeAngelis and the "Futures Now" traders Scott Nations and Bob Iaccino.